Raytheon, Rheinmetall form joint venture for US Army

Tuesday, October 01, 2019 by Rheinmetall

Raytheon Company (NYSE: RTN) and Rheinmetall Defence have established a joint venture to offer the Lynx Infantry Fighting Vehicle for the U.S. Army's Optionally Manned Fighting Vehicle, or OMFV, competition. The US-based joint venture is called Raytheon Rheinmetall Land Systems LLC.

Scheduled for fielding in 2026, the OMFV is expected to replace the Bradley fighting vehicle. The new vehicle will be optimised for urban combat and rural terrain. The Army has named the OMFV as a top modernisation priority supported under the service's Futures Command structure.

"This advanced combat vehicle will be made in America," said Sam Deneke, Raytheon Land Warfare Systems vice president. "Our team will produce and deliver a fighting vehicle to the US Army that protects our troops and gives them an overwhelming advantage on the battlefield."

Raytheon and Rheinmetall joined forces in 2018 to offer Lynx for the Army's OMFV competition. Lynx is a next-generation, tracked armored fighting vehicle designed to address the critical challenges of the future battlefield. Lynx provides ample growth capacity to support new technologies over the vehicle's lifetime, and features lower lifecycle costs


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